Nassim Khadem
Nassim Khadem is an award-winning journalist, reporting on business news across online, radio and TV for the ABC. Nassim began working as a journalist with The Age in 2003, including as that newspaper's economics correspondent. Before joining the ABC, she worked in various business reporting/editing roles for Fairfax Media's BRW magazine, The Australian Financial Review and as deputy business editor for The Age and The Sydney Morning Herald. You can follow Nassim on Twitter: @NassimKhadem
Latest by Nassim Khadem
More borrowers like these twins are about to become 'mortgage prisoners'
By business reporter Nassim Khadem
As banks impose tougher lending standards and interest rate hikes drive property prices down, more Australians who borrowed at the height of the pandemic housing boom will find themselves in a mortgage trap, unable to refinance.
Posted Updated 'Lining up for my blood': Qantas CEO Joyce resists union calls for resignation as airline posts $860m loss
By business reporters Michael Janda and Nassim Khadem
Qantas roughly halves its full-year loss to $860 million, as revenue jumps 54 per cent from 2021, when state and international border closures affected air travel more severely.
Posted Updated 'Every promise is broken': Builders and their customers left broke and out of pocket by construction cost blowouts
By business reporter Nassim Khadem
The demise of Australia's construction industry was caused by speculation and greed, major developers argue, with more builders tipped to collapse over the next 18 months, leaving consumers in significant trouble.
Posted Updated Inhabitants of the tiny Pacific nation of Kiribati hold $682m in Australian banks. So what's going on?
By business reporter Nassim Khadem
Fewer than 120,000 people inhabit Kiribati and the median household income is about $12,000. Yet data released by the Australian Taxation Office reveals $682 million in Australian bank accounts belong to foreign tax residents from the tiny Pacific nation.
Posted Updated The 60 millionaires who paid no tax and the richest and poorest postcodes revealed
By business reporters Nassim Khadem and Michael Janda
Sixty people earned more than $1 million but paid no tax in 2019-20, and the country's lowest incomes have been recorded in regional NSW, according to the ATO's latest taxation statistics.
Posted Updated Sexual assault reports in Australia hit an all-time high — so what's driving the increase?
Sexual assaults reported in Australia rise to an all-time high, following an increase of 13 per cent last year, according to the Australian Bureau of Statistics.
Posted Updated 'Unprecedented growth in house prices': OECD calls for cap on housing tax breaks benefiting the rich
By business reporter Nassim Khadem
Capping tax breaks for housing could help reduce house prices and ensure that property is not concentrated in the hands of older and wealthier Australians, the OECD says.
Posted Updated ATO whistleblower Richard Boyle is about to face trial and the government will not intervene
By business reporter Nassim Khadem
Attorney-General Mark Dreyfus has ruled out dropping charges against former ATO public-servant-turned-whistleblower Richard Boyle, who is set to face trial later this month.
Posted Updated How Afterpay's co-CEOs earned more than 2,800 times the average wage
By business reporter Nassim Khadem
Afterpay's co-CEOs and founders Anthony Eisen and Nick Molnar are Australia's highest-paid executives, collecting a combined $264.2 million – together they earn more than 2,800 times the full-time average wage.
Posted Updated analysis
analysis: 'They can feel misled': Households took on massive debt because the RBA said rates wouldn't rise
By business reporter Nassim Khadem
Australians were told interest rates wouldn't rise until 2024. Has the Reserve Bank failed in its communication, and how could rate rises impact financial stability, Nassim Khadem asks.
Posted Updated The past financial year saw most Australians make big losses on their super, where's it headed next?
By business reporter Nassim Khadem
Australians have lost thousands of dollars on their superannuation savings over the past financial year. And in the coming months, with interest rates rising and share markets so volatile, retirement balances could take a bigger hit.
Posted Updated Watching Stranger Things on Netflix and trying to claim it as a tax expense? 'Not on', says ATO
By business reporter Nassim Khadem
Australians not declaring crypto investments and over-claiming work-related expenses to help with the rising cost of living could come under ATO fire.
Posted Updated Fears grow that many Australians could default on their housing loans
By business reporter Nassim Khadem
Almost 40 per cent of Australians with mortgages who have locked in ultra-low fixed interest rates will roll off them as soon as next year, raising fears that more people will default on their loans, creating financial system instability.
Posted Updated Government urged to drop prosecutions against Richard Boyle, David McBride and Bernard Collaery
As the Albanese government works on getting legislation ready for its highly anticipated corruption watchdog, calls are growing for it to boost protections for whistleblowers and drop criminal prosecutions against Richard Boyle, David McBride and Bernard Collaery, and to advocate for Julian Assange.
Posted Updated Reserve Bank lifts interest rates half a percentage point, causing more pain for borrowers
By business reporters Nassim Khadem and Rachel Pupazzoni
The Reserve Bank increases interest rates by 50 basis points, taking the cash rate target to 0.85 per cent — well ahead of most economists' expectations.
Posted Updated Why crypto is like kryptonite according to some of the world's biggest investors
By business reporters Nassim Khadem and David Chau
Bitcoin came to life in 2008 as the financial system was imploding. Now that utopian vision is under fire, and everyone is asking: Will a new era of regulation kill or strengthen cryptocurrencies?
Posted Updated AGL's largest shareholder wants to help lower the cost of your power bills
By business reporter Nassim Khadem and The Business host Kathryn Robinson
AGL's biggest shareholder, billionaire businessman Mike Cannon-Brookes, is not ruling out another takeover bid for the energy giant but says he is focused on rebuilding the company for renewable generation.
Posted Updated AGL Energy CEO, chairman resign after company bends to pressure from billionaire shareholder with greener vision
By business reporter Nassim Khadem
AGL Energy abandons its plans to demerge its coal-focused generation business and announces its chief executive Graeme Hunt and chairman Peter Botten will leave the company.
Posted Updated HomeBuilder and first home buyer grants made housing less affordable says Reserve Bank
By business reporter Nassim Khadem
Government subsidies such as first home buyer grants and HomeBuilder have boosted demand for homes and helped push up house prices, with "pervasive" impacts on housing outcomes for some Australians, according to the Reserve Bank.
Posted Updated 'The country has changed tack and said enough': Australia's biggest emitters are about to get slogged
By business reporters Nassim Khadem and Emilia Terzon
The future of Australia's biggest emitters looks uncertain under the new Labor government, with the Greens and climate change-focused independents set to have a loud voice in parliament.
Posted Updated Bonnie is one of many employers struggling to find staff, so why aren't workers being paid more?
By business reporters Michael Janda and Nassim Khadem
Australian workers saw their base wages rise 2.4 per cent over the past year, but inflation more than double that rate meant their real wages "collapsed", according to economists.
Posted Updated What's the price of a 'smaller fall in real wages'? About 9 cents per coffee, this report estimates
By business reporter Nassim Khadem
Boosting workers' wages by 5 per cent – for all workers, not just those on the minimum wage — would lead to an increase in prices across the economy of about 2 per cent, according to a new report.
Posted Updated Experts warn that first home buyers may be hit when trying to upgrade if they use super for their deposit
By business reporter Nassim Khadem
Allowing first home buyers to draw their superannuation will likely, over time, push up house prices, according to many leading economists, but are you better off leaving your money in your super fund or pulling it out for a home deposit?
Posted Updated A decade of savings isn’t enough for most first home buyers, as deposits soar out of reach
By business reporter Nassim Khadem
While house prices are expected to fall nationally as interest rates continue to rise, that won't necessarily improve the plight of first home buyers, according to CoreLogic's latest housing affordability report.
Posted Updated Even with low unemployment, wages fall behind cost of living. Can politicians get you a pay rise?
By business reporter Nassim Khadem
For some time, federal politicians have argued that wages will grow when unemployment is lower. But a new report finds the evidence does not support that and the best way for politicians to get workers pay rises is to change the industrial relations system.
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